If you run your own company and pay yourself mainly through dividends, you might be missing out on a valuable benefit: up to 30 hours of free childcare per week for your young children. This government scheme in England supports working parents, but it has a key requirement that many owner-managers overlook. Understanding how your income is counted could unlock thousands of pounds worth of childcare support for your family.

The way HM Revenue & Customs (HMRC) handles overdue tax payments has changed significantly. Businesses facing financial challenges now encounter tighter payment plans and shorter repayment periods. These changes mean HMRC is paying closer attention to affordability and showing less tolerance for repeated late payments. Understanding these shifts is crucial for businesses that want to manage their tax obligations without risking penalties or enforcement actions.

Published 18 May 2026 The Construction Industry Scheme (CIS) is about to undergo significant changes that will affect every contractor working with subcontractors in the construction sector. Starting April 2026, HMRC will enforce stricter rules on CIS monthly returns and penalties for late or missed filings. If you are a CIS contractor, understanding these changes and preparing now can save you from costly fines and administrative headaches. This post explains what is changin

Published 12 May 2026 If you are a company director paying for life insurance or private medical cover out of your own pocket, you might be missing out on significant tax savings. Many directors do not realise that structuring these insurance policies through their company can reduce their overall tax burden. For the tax year 2026/27, there are clear options that can help you save money while maintaining essential cover. This post breaks down the key insurance types relevant

Effective tax planning strategies are essential for any UK business aiming to grow and succeed. By understanding the options available and implementing practical steps, businesses can reduce their tax liabilities and improve cash flow. Remember, the key is to be proactive, stay informed, and seek professional advice when needed. This approach aligns with the goal of becoming a trusted partner in your business journey, providing proactive financial guidance and support.

Most business owners do not deliberately set out to mislead anyone, but that does not change the consequences of failing to deal properly with their finances. Avoiding the numbers, putting off bookkeeping, guessing figures, or ignoring tax obligations can leave a business operating on information that is simply not true